Ochsner Clinic Foundation
dba Ochsner Medical Center ·
New Orleans, LA
· CCN 190036
Licensed to Ochsner Clinic Foundation
Composite
18.2
rank score
Distress
52
FY2023
Fit
55
vs thesis
Estimated ticket
$435M–$1.7B
1,023 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- under 30 days cash on hand
- current ratio below 0.8
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $2.3B |
| Operating margin | -5.9% |
| Total margin | 15.6% |
| Days cash on hand | 0 |
| Current ratio | -0.40 |
| Occupancy | 61% |
Facility
| Beds | 1,023 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 1,024 | $1.7B | $291M | -13.0% | 13.1% | 0 | -0.35 | 62% | 37,563 | 63 |
| 2021 | 1,024 | $2.0B | $216M | -10.0% | 8.9% | 0 | -0.40 | 67% | 39,520 | 58 |
| 2022 | 1,024 | $2.0B | $213M | -13.8% | 8.5% | 0 | -0.40 | 65% | 38,730 | 63 |
| 2023 | 1,023 | $2.3B | $454M | -5.9% | 15.6% | 0 | -0.40 | 61% | 39,251 | 52 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ochsner Clinic Foundation | 5% or greater direct ownership interest | 100 | 1966-07 | |
| Ochsner Clinic Foundation | operational/managerial control | 100 | 1966-07 | |
| Alisha Lacour | corporate director | 2021-01 | ||
| Allyson Pharr | corporate director | 2025-03 | ||
| Andrew Wisdom | corporate director | 2004-12 | ||
| Benjamin Bordelon | corporate director | 2025-01 | ||
| Benjamin Doga | corporate director | 2020-10 | ||
| Brian Moore | corporate director | 2024-01 | ||
| Cuong Bui | corporate director | 2019-01 | ||
| Dennis Lauscha | corporate director | 2023-01 | ||
| Eboni Price-Haywood | corporate director | 2025-01 | ||
| James Molloy | corporate officer | 2024-01 | ||
| Jared Quoyeser | corporate director | 2022-06 | ||
| Jefferson Parker | corporate director | 2007-02 | ||
| John Evans | corporate director | 2019-01 | ||
| Jose Suquet | corporate director | 2006-09 | ||
| Justin Augustine | corporate director | 2025-05 | ||
| Karen Blessey | corporate director | 2018-01 | ||
| Peter November | corporate officer | 2022-11 | ||
| Robert Lecorgne | corporate director | 2007-04 | ||
| Robert Patrick | corporate director | 2009-06 | ||
| Robert Wolterman | corporate officer | 2019-04 | ||
| Robert Wolterman | w-2 managing employee | 2019-04 | ||
| Robert Wolterman | operational/managerial control | 2019-04 | ||
| Suma Jain | corporate director | 2022-01 |
Showing 25 of 33. Full list via /api/targets/190036.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in LA
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2024-10-30 | Hsa Glenwood Llc | Iasis Glenwood Regional Medical Center Lp | Glenwood Regional Medical Center | 212 |
| 2022-04-01 | Ochsner American Legion Hospital, Llc | Jennings American Legion Hospital Inc | Ochsner American Legion Hospital | 49 |
| 2020-07-01 | Clhg-Ruston Llc | Ruston Louisiana Hospital Company Llc | North Louisiana Medical Center | 122 |
| 2019-10-01 | Thibodaux Regional Health System Inc | Hospital Service District No. 3 | Thibodaux Regional Health System | 170 |
| 2019-10-01 | Ochsner Morgan City Llc | Phc-Morgan City Lp | Ochsner St. Mary | 105 |
| 2019-03-01 | Our Lady Of Lourdes Regional... | The Regional Health System Of Acadiana, Llc | Our Lady Of Lourdes Rmc | 383 |
| 2019-03-01 | Our Lady Of The Lake Hospital Inc | Our Lady Of The Lake Ascension... | Our Lady Of The Lake Rmc | 647 |
| 2018-10-01 | University Health Shreveport, Llc | Brfhh Shreveport Llc | Ochsner Lsu Health Shreveport | 237 |
| 2018-09-01 | St Francis Medical Center Inc | P & S Surgery Center Llc | St. Francis Medical Center | 332 |
| 2018-08-01 | Clhg - Minden, Llc | Phc - Minden, Lp | Minden Medical Center | 129 |
| 2018-08-01 | Clhg-Ville Platte Llc | Ville Platte Medical Center Llc | Mercy Regional Medical Center | 27 |
| 2017-10-01 | Willis Knighton Medical Center, Inc. | Willis Knighton Medical Center, Inc. | Willis-Knighton Health Systems | 674 |